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G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 401k Plan overview

Plan NameG & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN
Plan identification number 002

G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN Benefits

401k Plan TypeDefined Contribution Pension
Plan Features/Benefits
  • Leveraged ESOP - An ESOP that acquires employer securities with borrowed money or other debt-financing techniques. A completed Schedule E must be attached to a Form 5500 filed for an ESOP.
  • The employer maintaining this ESOP is an S Corporation
  • Plan requiring that all or part of employer contributions be invested and held, at least for a limited period, in employer securities.

401k Sponsoring company profile

G & E ROOFING CO., INC. has sponsored the creation of one or more 401k plans.

Company Name:G & E ROOFING CO., INC.
Employer identification number (EIN):010333300
NAIC Classification:238100

Form 5500 Filing Information

Submission information for form 5500 for 401k plan G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022023-01-01JENNIFER J. JACQUES2024-10-11
0022022-01-01
0022021-01-01

Plan Statistics for G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

401k plan membership statisitcs for G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023: G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k membership
Total participants, beginning-of-year2023-01-01107
Total number of active participants reported on line 7a of the Form 55002023-01-0165
Number of retired or separated participants receiving benefits2023-01-010
Number of other retired or separated participants entitled to future benefits2023-01-0143
Total of all active and inactive participants2023-01-01108
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2023-01-010
Total participants2023-01-01108
Number of participants with account balances2023-01-01108
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2023-01-010
2022: G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k membership
Total participants, beginning-of-year2022-01-01102
Total number of active participants reported on line 7a of the Form 55002022-01-0160
Number of retired or separated participants receiving benefits2022-01-012
Number of other retired or separated participants entitled to future benefits2022-01-0143
Total of all active and inactive participants2022-01-01105
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2022-01-010
Total participants2022-01-01105
Number of participants with account balances2022-01-01103
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2022-01-015
2021: G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k membership
Total participants, beginning-of-year2021-01-0170
Total number of active participants reported on line 7a of the Form 55002021-01-0159
Number of retired or separated participants receiving benefits2021-01-011
Number of other retired or separated participants entitled to future benefits2021-01-0142
Total of all active and inactive participants2021-01-01102
Number of deceased participants whose beneficiaries are receiving or are entitled to receive benefits2021-01-010
Total participants2021-01-01102
Number of participants with account balances2021-01-01101
Participants that terminated employment during the plan year with accrued benefits that were less than 100% vested2021-01-010

Financial Data on G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

Measure Date Value
2023 : G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 401k financial data
Total plan liabilities at end of year2023-12-31$1,948
Total plan liabilities at beginning of year2023-12-31$1,970
Total income from all sources2023-12-31$3,577,380
Expenses. Total of all expenses incurred2023-12-31$313,217
Benefits paid (including direct rollovers)2023-12-31$313,145
Total plan assets at end of year2023-12-31$14,489,811
Total plan assets at beginning of year2023-12-31$11,225,670
Value of fidelity bond covering the plan2023-12-31$500,000
Total contributions received or receivable from participants2023-12-31$224,488
Expenses. Other expenses not covered elsewhere2023-12-31$72
Other income received2023-12-31$3,131,421
Net income (gross income less expenses)2023-12-31$3,264,163
Net plan assets at end of year (total assets less liabilities)2023-12-31$14,487,863
Net plan assets at beginning of year (total assets less liabilities)2023-12-31$11,223,700
Assets. Value of participant loans2023-12-31$146,903
Assets. Value of employer securities2023-12-31$5,260,100
Total contributions received or receivable from employer(s)2023-12-31$221,471
2022 : G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 401k financial data
Total plan liabilities at end of year2022-12-31$1,970
Total plan liabilities at beginning of year2022-12-31$2,003
Total income from all sources2022-12-31$1,192,038
Expenses. Total of all expenses incurred2022-12-31$502,094
Benefits paid (including direct rollovers)2022-12-31$490,540
Total plan assets at end of year2022-12-31$11,225,670
Total plan assets at beginning of year2022-12-31$10,535,759
Value of fidelity bond covering the plan2022-12-31$1,000,000
Total contributions received or receivable from participants2022-12-31$235,752
Expenses. Other expenses not covered elsewhere2022-12-31$11,554
Other income received2022-12-31$720,800
Net income (gross income less expenses)2022-12-31$689,944
Net plan assets at end of year (total assets less liabilities)2022-12-31$11,223,700
Net plan assets at beginning of year (total assets less liabilities)2022-12-31$10,533,756
Assets. Value of participant loans2022-12-31$140,495
Assets. Value of employer securities2022-12-31$3,500,600
Total contributions received or receivable from employer(s)2022-12-31$235,486
2021 : G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 401k financial data
Transfers to/from the plan2021-12-31$9,400,809
Total plan liabilities at end of year2021-12-31$2,003
Total plan liabilities at beginning of year2021-12-31$0
Total income from all sources2021-12-31$1,132,988
Expenses. Total of all expenses incurred2021-12-31$41
Total plan assets at end of year2021-12-31$10,535,759
Total plan assets at beginning of year2021-12-31$0
Value of fidelity bond covering the plan2021-12-31$500,000
Expenses. Other expenses not covered elsewhere2021-12-31$41
Other income received2021-12-31$1,127,000
Net income (gross income less expenses)2021-12-31$1,132,947
Net plan assets at end of year (total assets less liabilities)2021-12-31$10,533,756
Net plan assets at beginning of year (total assets less liabilities)2021-12-31$0
Assets. Value of participant loans2021-12-31$163,173
Assets. Value of employer securities2021-12-31$1,132,000
Total contributions received or receivable from employer(s)2021-12-31$5,988
Total value of distributions paid in property other than in cash, annuity contracts, or publicly traded employer securities2021-12-31$0

Form 5500 Responses for G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN

2023: G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2023 form 5500 responses
2023-01-01Type of plan entitySingle employer plan
2023-01-01Submission has been amendedNo
2023-01-01This submission is the final filingNo
2023-01-01This return/report is a short plan year return/report (less than 12 months)No
2023-01-01Plan is a collectively bargained planNo
2023-01-01Plan funding arrangement – TrustYes
2023-01-01Plan benefit arrangement - TrustYes
2022: G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2022 form 5500 responses
2022-01-01Type of plan entitySingle employer plan
2022-01-01Submission has been amendedNo
2022-01-01This submission is the final filingNo
2022-01-01This return/report is a short plan year return/report (less than 12 months)No
2022-01-01Plan is a collectively bargained planNo
2022-01-01Plan funding arrangement – TrustYes
2022-01-01Plan benefit arrangement - TrustYes
2021: G & E ROOFING COMPANY, INC. EMPLOYEE STOCK OWNERSHIP PLAN 2021 form 5500 responses
2021-01-01Type of plan entitySingle employer plan
2021-01-01First time form 5500 has been submittedYes
2021-01-01Submission has been amendedNo
2021-01-01This submission is the final filingNo
2021-01-01This return/report is a short plan year return/report (less than 12 months)No
2021-01-01Plan is a collectively bargained planNo
2021-01-01Plan funding arrangement – TrustYes
2021-01-01Plan benefit arrangement - TrustYes

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